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Author Archives: NREH

“Lagos state has not been able to tackle the housing problem” – Commissioner

The Lagos State Commissioner for Housing, Bosun Jeje, said on Tuesday that the state government has not been able to tackle the housing problem in the state because of the high cost of building and non-availability of fund. He, however, added that the state government under the outgoing administration of Governor Babatunde Fashola, provided 10,000 housing units for people of ...

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Abuja office complex shortlisted for WAN commercial award

How Technology Can Transform Nigeria’s Housing Market

AN office complex being developed by a Lagos-based firm architectural firm, Messrs Design Genre Consultants is among the 57 entries shortlisted for the 2014 World Architecture News commercial Award (WAN) in the commercial category. WAN is regarded as the largest international Architecture awards programme as well as a major international competition that celebrates and promotes the best in international architecture ...

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Shareholders of UPDC REIT rewarded N2.33 billion

The UPDC REIT has declared a total of N0.87k distribution to unitholders for the 19 months period ended December 31, 2014. Besides, an interim distribution of N0.56k was earlier made to unitholders for the 13-month period ended June 30, 2014 while a final distribution of 0.31k was also paid to unitholders for the 19 months period ended December 31, 2014. ...

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New Zealand Housing takes firm stance on methamphetamine

Housing New Zealand takes a firm stance on those who use or manufacture methamphetamine in its homes. During 2014, 101 Housing New Zealand properties were found to be contaminated with methamphetamine. This represents 0.15 percent of Housing New Zealand’s portfolio of around 68,000 homes. Marcus Bosch, General Manager Property Services, says, “The vast majority of Housing New Zealand tenants are ...

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Understanding the Risk

  The month of April is a significant month for us in Realty Point Limited because it was the month we made our grand entry into the Real Estate Community. I want to use this platform to formally announce to our readers here on www.nigeriarealestatehub.com that Realty Point is 10 years! I want to say a big thanks to everyone ...

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Fundamentals of Real Estate Investment

Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit. Improvement of realty property as part of a real estate investments strategy is generally considered to be a sub-specialty of real estate investing called real estate development. Real estate is an asset form with limited liquidity relative to other investments, it is also capital ...

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Reasons why 4th mainland bridge design had to be altered

Lagos State Government has given the reason for altering the design of the much awaited Fourth Mainland Bridge along the Lekki Peninsula. According to the government, the redesign of the bridge component of the 23 kilometres road project became imperative because of the challenges the original design posed for it (government). The bridge itself is about four kilometres. The State Commissioner for ...

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Why Road Noise Should Influence Property Valuation

Due to the ignorance of Nigerians on the fact that there exist a close nexus between noise pollution and sustainable city, little or no attention is paid to the control of noise pollution in Nigeria. Motor vehicle, a significant symbol of modern civilization, not only brings convenient transportation to our society but also gives off unpleasant traffic noise in living ...

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